HB 2952 Oklahoma House · 2026 Regular Session

Revenue and taxation; motor vehicle excise tax; value of vehicle; effective date.

HB 2952 changes how Oklahoma calculates the tax on new vehicle purchases by requiring the motor vehicle excise tax to be based on the sales price minus any trade-in value. This directly affects vehicle buyers who use trade-ins, as the adjusted price (after subtracting trade-in credits) must now appear on the bill of sale. The bill mandates that sellers document this reduced value on the bill of sale or a prescribed form, rather than using the full sales price. It takes effect on July 1, 2026.

Issues: ✓ Budget & Taxes

Bill status passed 3 of 5 stages cleared

Introduction

Feb 2026

Committee Review

Mar 2026

House Passage

Mar 2026

Senate Passage

Governor

Introduced Feb 2, 2026 Last action Apr 1, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

House Committee Substitute → Floor (House) · 3 edits

MINOR

The bill text was updated from the House Committee Substitute version to the Floor version, reflecting the final text approved by the House. The substantive policy content regarding vehicle excise tax valuation and effective dates remains unchanged, while the document header and footer were modified to indicate the bill is now the floor version.

TECHNICAL

The document header was updated to reflect 'HOUSE OF REPRESENTATIVES - FLOOR VERSION' and the bill number was adjusted to include additional sponsors (Maynard, Banning, and Frix) who joined the original sponsors.

The footer was updated to change the tracking number from 'Req. No. 16953' to 'HB2952 HFLR' and added a note indicating that bold face text denotes committee amendments.

The committee report section was updated to include the date '03/05/2026' and the action 'DO PASS, As Amended and Coauthored'.

Floor votes · House Mar 11, 2026

How they voted

89–4

Passed · 7 other

Total votes 100

Mar 11, 2026

D Democratic18

13 Yea 3 Nay 2

72% Yea

R Republican82

76 Yea 1 Nay 5

92% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 12, 2026

Introduced

First Reading

upper

Mar 12, 2026

Lower · Passed

Engrossed, signed, to Senate

lower

Mar 11, 2026

Committee

Referred for engrossment

lower

Mar 11, 2026

Lower · Passed

Third Reading, Measure passed: Ayes: 88 Nays: 4

lower

Mar 5, 2026

Lower · Passed

CR; Do Pass, amended by committee substitute Appropriations and Budget Committee

lower

Feb 19, 2026

Lower · Passed

Recommendation to the full committee; Do Pass Appropriations and Budget Finance Subcommittee

lower

Feb 3, 2026

Committee

Referred to Appropriations and Budget Finance Subcommittee

lower

Feb 2, 2026

Introduced

First Reading

lower

2 primary · 0 co-sponsors